Brought from Seller -> You are buyer. You do not want to queue for seller to sell down. You buy from the seller queue.

Sold to buyer -> You are seller. You do not want to queue for buyer to buy up. You sell to the buyer queue.

Can understand?

do not want? cant really understand..

Means you had not got yourself a trading platform to see..
You will understand it when you are looking at the trading platform at least...

Buy shares need to queue.. If you do not want to queue, then you can opt to buy premium..Means to pay a higher price to get the share, while other buyer are queuing up for seller to throw the share to sell down. Vice versa for selling share..

Get yourself a share trading platform first lar..

This post has been edited by Bonescythe: Mar 10 2011, 09:49 PM

got a ques to ask u huys..lets say some CEO of a company plans to take private that company at a higher price of the share(those following news should know what i mean),if i am able to queue the share at a lower price than the price the CEO is taking private..i am guaranteed100% to make profit??

This sound like BJRetail ??

Nothing is guarantee in this world until it happen..

Not sure about it. But it is better to be careful for not to hold the stock that is going to be privatize until last minute. Else if the company privatize, then you still hold the share but you cannot do anything to the company. The major shareholder can do whatever he wants such as increase his shares position by injecting $ into the company.

If you still own Berjaya Retail after being privatize, neither SC or Bursa will protect you. In fact, you not even able to sell your shares after privatize because it is not public listed in Bursa. So the advise is: "If you own it now / want to buy, please sell it before it goes privatize".

This post has been edited by 2010May: Mar 12 2011, 12:50 PM

It doesn't make sense.

1. If the CEO is taking private at RM1.00 (let say), and already made a mandatory general offer already, who is the one "water fish" to sell you at RM0.80?

2. If said plan but not yet finalised or not yet have MGO, the CEO can still have choice not to proceed the privatisation plan. By then, you may not make a profit out of it.

noob question here, transfer shares from IB-A to IB-B, both under my name in M'sia. I know it charge RM10 per share, no matter what quantity.

Question is, should I approach my IB-A or IB-B to request transfer ?

Thanks

A.
B doesn't know you have the share in A, nor has authority to do anything about it.

cherroy,

Thanks Now have to go all the way to the IB... Will check with them if can fax over.

transferring of shares?
Can shares be transferred from Security Firm A to Security Firm B?

ie: I have 5 lots of share in Security Firm A, can I transfer these 5 lots of share to Security Firm B?

as far as i recall u need to initiate a inter-CDS share transfer. like the question above, contact A to ask to transfer your shares out to B. B will most likely credit u back the rm10 fee that you paid.

Rm10 gone as service charge as far as I know and experienced.

"Faber to cancel 75c from each RM1 share, credit arising to offset losses"
what does this mean??does it mean i am going to lost 75% of my share value if i m holding faber??or will the price go up in accordance to the reduction of number of shares?

TQ for replying.

Can further clarify...

1. RM10 for each counter?

2. I have 7 counters with HwangDBS (offline trading), therefore, the brokerage fee is expensive. Can I transfer all these counters to ECM online that has another CDS acc. Both CDS acc are in my name.

3. If can, means I pay RM70 for all counters transferring?

4. I will have to call my remisier in HwangDBS to initiate the transfer?

Thank you.

base on the wording above, nothing change basically, just that the par value will revise from RM1 to 25c.
this will only impact your dividend if any in future and if it in the form of %.

credit arising to offset losses mean from the reduction of par value u will have some form of money virtually and it is used to offset
the "losses", this losses should be referring to accumulated losses figure, this is trick to show good balance sheet in the account.
just a crab i think, maybe is to deceive shareholders that BS is good and it may turn out for Bonus Issue one day when accumulated
earning turn +ve with huge figure.

overall i think is bad news. GL.

This post has been edited by smartly: Mar 17 2011, 07:11 PM

Means they cancel part of the capital with loss incurred. The value of your share remain the same. In perfect market, the price should not go up or down.

Your remiser in ECM (where you are going to transfer to) should be able to help. Your ECM's remiser should give you 7 forms to sign and each form have a RM10 fee.

1. Not 100% sure but it should be. One form per share transaction.

2. Yes, you can

3) refer 1)

4) No, don't need, just approach the broker firm admin. Remisier cannot initiate the transfer, only CDS owner can.

Thank you very very much!